Micro-irrigation Systems Market by Type (Sprinkler, Drip, Spray), Offering (Hardware, Software, Services), Crop (Plantation, Orchard & Vineyards, Field), Application (Agriculture, Sports, Residential, Commercial), and Geography - Global Forecasts to 2030
Micro-irrigation Systems Market by Type (Sprinkler, Drip, Spray), Offering (Hardware, Software, Services), Crop (Plantation, Orchard & Vineyards, Field), Application (Agriculture, Sports, Residential, Commercial), and Geography - Global Forecasts to 2030
The research report titled ‘Micro-irrigation Systems Market by Type (Sprinkler, Drip, Spray), Offering (Hardware, Software, Services), Crop (Plantation, Orchard & Vineyards, Field), Application (Agriculture, Sports, Residential, Commercial), and Geography—Global Forecasts to 2030’, provides an in-depth analysis of micro-irrigation systems market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2030.
The global micro-irrigation systems market is projected to reach $20.2 billion by 2030, at a CAGR of 8.6% during the forecast period of 2023–2030.
The growth of this market is attributed to the growing need to maximize crop yield, government initiatives for water conservation, and the increasing adoption of modern farming techniques. Additionally, the growing use of automation in irrigation systems and increasing support for irrigation projects are expected to create market growth opportunities. However, the high initial investments required to implement micro-irrigation systems restrain the growth of this market. The lack of awareness regarding advanced irrigation technologies in developing countries is a major challenge for the players operating in this market.
Based on type, the global micro-irrigation systems market is broadly segmented into sprinkler irrigation, drip irrigation, spray irrigation, subsurface irrigation, and bubbler Irrigation. In 2023, the sprinkler irrigation segment is expected to account for the largest share of the global micro-irrigation systems market. The large market share of this segment is attributed to the increasing need to deliver water directly to the plant's root and for small sprinklers or sprayers to distribute water in a controlled manner and improve water-use efficiency, more efficient and effective ways to deliver water to crops. However, the drip irrigation segment is projected to register the highest CAGR during the forecast period.
Based on offering, the global micro-irrigation systems market is broadly segmented into hardware, software, and services. In 2023, the hardware segment is expected to account for the largest share of the global micro-irrigation systems market. The large market share of this segment is attributed to the increasing use of polyethylene tubing to connect the micro-irrigation system's components, surging use of valves, sprays, and sprinklers over a larger area for managing the water supply efficiently, growing use of drippers in orchards & vineyards, and vegetable gardens. This segment is also projected to register the highest CAGR during the forecast period.
Based on method, the global micro-irrigation systems market is broadly segmented into smart micro-irrigation and traditional micro-irrigation. In 2023, the traditional micro-irrigation segment is expected to account for the largest share of the global micro-irrigation systems market. The large market share of this segment is attributed to its relatively inexpensive cost compared to smart irrigation methods, easy installation and maintenance compared to smart micro-irrigation, and the need to grow a range of crops with limited resources or technical expertise. However, the smart micro-irrigation segment is projected to register the highest CAGR during the forecast period.
Based on crop type, the global micro-irrigation systems market is broadly segmented into plantation crops, orchard crops & vineyards, field crops, grasslands & grazelands, and other crops. In 2023, the field crops segment is expected to account for the largest share of the global micro-irrigation systems market. The large market share of this segment is attributed to the increasing need for irrigating field crops for efficient and precise water and nutrient delivery and the growing need to improve crop yields and reduce water waste and fertilizer runoff. However, the orchard crops & vineyards segment is projected to register the highest CAGR during the forecast period.
Based on application, the global micro-irrigation systems market is broadly segmented into agriculture, golf & sports ground, residential, commercial, and other applications. In 2023, the agriculture segment is expected to account for the largest share of the global micro-irrigation systems market. The large market share of this segment is attributed to the increasing adoption of micro-irrigation systems in agriculture to improve crop yields, reduce the need for manual labor and improve water-use efficiency. This segment is also projected to register the highest CAGR during the forecast period.
Based on geography, the micro-irrigation systems market is segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the micro-irrigation systems market. The market is also projected to witness rapid growth during the forecast period. The large market share of Asia-Pacific is attributed to the increasing technological advancements in irrigation systems and surging government initiatives to conserve water, increase crop yields and optimize plant growth. Factors such as the increasing need for a more sustainable way to irrigate crops and reduce water waste, rising environmental concerns, including soil degradation, and increasing water scarcity are supporting the growth of this market.
The key players operating in the global micro-irrigation systems market are Valmont Industries, Inc. (U.S.), The Toro Company (U.S.), Jain Irrigation Systems Ltd. (India), T-L Irrigation (U.S.), Rivulis Irrigation Ltd. (Israel), Reinke Manufacturing Co., Inc. (U.S.), Rain Bird Corporation (U.S.), Netafim Limited (Israel), Nelson Irrigation Corporation (U.S.), Lindsay Corporation (U.S.), Hunter Industries, Inc. (U.S.), Antelco Pty Ltd (Australia), Elgo Irrigation Ltd. (Israel), Harvel Agua India Private Limited (India), and Irritec S.p.A (U.S.).
Key questions answered in the report:Which are the high growth market segments in terms of type, offering, method, crop type, application, and countries?
What is the historical market for micro-irrigation systems across the globe?
What are the market forecasts and estimates from 2023 to 2030?
What are the major drivers, restraints, and opportunities in the global micro-irrigation systems market?
Who are the major players in the global micro-irrigation systems market, and what shares of the market do they hold?
Who are the major players in various countries, and what shares of the market do they hold?
How is the competitive landscape?
What are the recent developments in the global micro-irrigation systems market?
What are the different strategies adopted by the major players in the global micro-irrigation systems market?
What are the geographical trends and high growth countries?
Who are the local emerging players in the global micro-irrigation systems market and how do they compete with the other players?
Scope of the report:Global Micro-irrigation Systems, by TypeSprinkler Irrigation
Drip Irrigation
Spray Irrigation
Subsurface Irrigation
Bubbler Irrigation
Global Micro-irrigation Systems, by OfferingHardware
Drippers
Polyethylene Tubing
Valves
Filters
Sprays & Sprinklers
Controllers
Sensors
Pumping
Connectors
Pressure Regulators
Monitoring & Controlling Devices
Other Hardware
Software
Interfacing Software
Forecasting Software
Other Software
Services
Global Micro-irrigation Systems, by MethodSmart Micro Irrigation
Traditional Micro Irrigation
Global Micro-irrigation Systems, by Crop typePlantation Crops
Orchard Crops & Vineyards
Field Crops
Grasslands & Grazelands
Other Crops
Global Micro-irrigation Systems, by ApplicationAgriculture
Golf & Sports Ground
Residential
Commercial
Other Applications
Global Micro-irrigation Systems, by GeographyNorth America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia-Pacific
Japan
China
India
Thailand
Australia & New Zealand
Philippines
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa
South Africa
Israel
Turkey
Rest of the Middle East & Africa
Micro-irrigation Systems Market - Report SummaryReport Metrics | Details |
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Years Considered | 2021 - 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Page Count | 303 |
Units Referenced | Value (USD Million) |
Segments/Key Topics | Market by Type, Market by Offering, Market by Method, Market by Crop Type, Market by Application, Market by Geography |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Key Companies Mentioned | Jain Irrigation Systems Ltd. (India), Valmont Industries, Inc. (U.S.), The Toro Company (U.S.), T-L Irrigation (U.S.), Rivulis Irrigation Ltd. (Israel), Reinke Manufacturing Co., Inc. (U.S.), Rain Bird Corporation (U.S.), Irritec S.p.A (U.S.), Netafim Limited (Israel), Lindsay Corporation (U.S.), Hunter Industries, Inc. (U.S.), Antelco Pty Ltd (Australia), Elgo Irrigation Ltd. (Israel), Harvel Agua India Private Limited (India), and Nelson Irrigation Corporation (U.S.). |
FAQs About the Report
What is the value of revenue generated from the sales of the micro-irrigation systems across the globe? At what rate is their demand expected to grow for the next 5–7 years?The global micro-irrigation systems market is projected to reach USD 20.2 billion by 2029, at a CAGR of 8.6% during the forecast period.
Which method segment showcases high growth opportunities for the micro-irrigation systems market players?In 2023, the smart micro-irrigation segment is expected to account for the largest share of the global micro-irrigation systems market. The large market share of this segment is mainly attributed to the increasing need for real-time data on soil moisture levels, weather conditions, and crop water requirements to optimize water use and increase crop yields, improve water-use efficiency, and need to provide the precise amount of water and fertilizer needed, leading to lower costs and higher profits.
Which application segments of the market are projected to create more traction in the micro-irrigation systems market?The agriculture segment is projected to grow with the highest CAGR during the forecasted period. The growth of this segment is driven by the increasing need to deliver water directly to the plant's root zone through emitters or drippers while minimizing water waste and the increasing adoption of micro-irrigation systems in agriculture to improve crop yields.
What are the key factors driving the growth of the micro-irrigation systems market? What are the major opportunities for existing market players and new entrants?The growth of this market is driven by the growing need to maximize crop yield, government initiatives for water conservation, and the increasing adoption of modern farming techniques. The growing use of automation in irrigation systems and increasing support for irrigation projects are expected to create market growth opportunities.
Who are the major players operating in the global micro-irrigation systems market?The key players operating in the global micro-irrigation systems market are Valmont Industries, Inc. (U.S.), The Toro Company (U.S.), Jain Irrigation Systems Ltd. (India), T-L Irrigation (U.S.), Rivulis Irrigation Ltd. (Israel), Reinke Manufacturing Co., Inc. (U.S.), Rain Bird Corporation (U.S.), Netafim Limited (Israel), Nelson Irrigation Corporation (U.S.), Lindsay Corporation (U.S.), Hunter Industries, Inc. (U.S.), Antelco Pty Ltd (Australia), Elgo Irrigation Ltd. (Israel), Harvel Agua India Private Limited (India), and Irritec S.p.A (U.S.).
Which regions/countries are expected to witness significant demand for micro-irrigation systems in the coming years?At present, Asia-Pacific dominates the global micro-irrigation systems market and is also expected to grow at the highest growth rate over the coming years.